A lot of people downgrade because of PSP's added restrictions on pirated games and third party stuff. But that raises a question that why do they upgrade on the first place then. Because PSP does offer great features on upgraded system, like Skype and others.
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Re: Downgrading from 5.02 on PSP
Some peoples downloads dont install correctly if yours installed correctly your fine do not worry about downgrading if download installed correctly then your psp is ok and you can continue playing without worries
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Since the firmware is so so high (above 5.03) a battery is needed for it, your very lucky as many people have 3000s and even a pandoras battery wont work for them. so thing is i have one, i can make them, but i cant just downgrade a psp with 5.51 wtihout battery and also a proper memory card.
so if you would like i could send you they proper utilitys to do so. no charge.
If you have a PSP-1001 or PSP-2001, you can downgrade your psp from 6.10 with a service or pandora battery.
If you have a PSP-3001 you are out of luck.
You can create a service (pandora) battery and the 'magic' memory
stick from any psp-1001 already running custom firmware. You can also buy
them online, and if you look in the local classified ads website where
you live, you can probably find people offering a downgrading
I cannot run through the steps here but tutorials are all
over the net and sites like youtube.
You can downgrade/upgrade the firmware of your PSP. Visit pinoypsp.com or check any website that can guide you on how to properly flash your firmware to fix issue. Frozen PSP is usually a firmware issue, upgrading/downgrading it solves the problem.